The Toronto Condo Market This Week (December 18, 2015)
Why Very Low Interest Rates May Stick Around
The Federal Reserve will most likely raise interest rates this week for the first time in nearly a decade. To understand what it means — and doesn’t mean — consider a previous year in which interest rates were on the rise.
Good news for renters: Toronto is experiencing an apartment boo
While the city is known for its demand in condos that sees investors seeking income property and home-hunters looking to buy a home to live in, this year construction of new apartment buildings is also booming, reaching a 25-year high, according to research firm Urbanation Inc.
What economists are predicting for the Canadian housing market in 2016
To get an idea of what’s in store for the Canadian housing market in the coming year, you might want to look back over the past 12 months.
Tighter Canada mortgage rules could boost condos, hurt consumers
Canada’s move to tighten mortgage rules and raise some fees on lenders will likely make it more expensive for consumers to borrow, but could boost one of the most vulnerable segments of the market – Toronto’s big supply of condominiums
